Nevada November sports betting handle reaches record $614.1m

6 January 2020

Nevada’s sports betting handle reached a new high watermark of $614.1m as the state’s casinos took in a total of $937.5m in revenue.

The state’s gambling establishments took in $31.0m in revenue, up 14.3% year-on-year. American football was by far the most popular sport, bringing in $22.5m on stakes of $384.6m. Basketball followed, taking in $8.1m from $399.3m worth of wagers.

Players bet $11.2m on sports parlay cards, with operators taking in $2.4m, while casinos made $4.2m on $53.2m from other sports.

Casinos in the state lost $6.2m in revenue from baseball despite receiving only $240,284 worth of wagers, as operators paid out the results of bets on October’s MLB World Series.

Read more on iGB North America.